Bitcoin breaks above $35,000 to touch new high

FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration

SHANGHAI (Reuters) – Bitcoin traded above $35,000 for the first time in Asia on Wednesday, rising to a high of $35,879 and extending a rally that has seen the digital currency rise more than 800% since mid-March.

The world’s most popular cryptocurrency crossed $20,000 for the first time ever on Dec. 16.

(Reporting by Andrew Galbraith; Editing by Jacqueline Wong)

More from our Sister Sites